Result of General Meeting
On The Beach Group PLC announced the successful passing of all resolutions at its General Meeting. The 2025 Remuneration Policy was approved with 92,430,621 votes for (80.90%) and 21,817,207 votes against (19.10%), totaling 114,247,828 votes cast. The adoption of a new Growth Plan received 93,349,166 votes for (81.70%) and 20,903,746 votes against (18.30%), resulting in 114,252,912 total votes. The removal of the 5% dilution limit from the 2023 LTIP was approved with 113,698,184 votes for (99.51%) and 554,517 votes against (0.49%), totaling 114,252,701 votes cast. The company's total ordinary shares in issue were 156,474,262.
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The Board of the Company announces that at its General Meeting ("GM") held today, all the resolutions considered at the GM were duly passed by the required majority by means of a poll vote.
The results of the poll votes on the resolutions are shown in the table below:
| Resolution | Votes for | Votes against | Total votes cast (excl. withheld) | Votes withheld | |||
|---|---|---|---|---|---|---|---|
| No. of votes | % of vote | No. of votes | % of vote | No. of votes | No. of votes | ||
| 1. | To approve the 2025 Remuneration Policy | 92,430,621 | 80.90% | 21,817,207 | 19.10% | 114,247,828 | 58,677 |
| 2. | Adoption of a new Growth Plan | 93,349,166 | 81.70% | 20,903,746 | 18.30% | 114,252,912 | 53,593 |
| 3. | Removal of 5% dilution limit from 2023 LTIP | 113,698,184 | 99.51% | 554,517 | 0.49% | 114,252,701 | 53,804 |
Notes:
- The Company's total ordinary shares in issue (total voting rights) as at the date of the GM was 156,474,262 ordinary shares of £0.01 each. Ordinary shareholders are entitled to one vote per ordinary share held.
- Resolutions 1 to 3 were passed as ordinary resolutions.
- In accordance with paragraph 6.4.2 of the UK Listing Rules, a copy of the resolutions passed as ordinary business at the General Meeting have been submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.